Holding in Company

MFI Furniture Group PLC
2 November 2001

FOR IMMEDIATE RELEASE

2 NOVEMBER 2001


                   MFI Furniture Group Plc ('the Company')

The Company has received notification on 1 November 2001 from Deutsche Bank AG
that it has an interest in 78,433,617 ordinary shares in this Company
representing 13.10% of the issued share capital of the Company.

END